Rutgers Director of Athletics Tim Pernetti released a statement following the decision.

“I am responsible for the decision to attempt a rehabilitation of Coach Rice,” he said. “Dismissal and corrective action were debated in December and I thought it was in the best interest of everyone to rehabilitate, but I was wrong. Moving forward, I will work to regain the trust of the Rutgers community.”

Later, Rice apologized outside his home in Little Silver, N.J.

"I've let so many people down: my players, my administration, Rutgers University, the fans, my family, who's sitting in their house just huddled around because of the fact their father was an embarrassment to them," he said. "I want to tell everybody who's believed in me that I'm deeply sorry for the pain and hardship that I've caused."

Rice was punished in December in what amounted to suspension from three games and three weeks of team activities, a $50,000 fine, unpaid time, mandatory counseling and more, according to Pernetti.

After ESPN’s OTL, the situation begs, was that enough?

The video showed Rice making slurs, pushing players, grabbing players and throwing basketballs at their heads as well as kicking them.

“I think now that (the videotape) is out there—we knew it was going to get out there,” Pernetti told WFAN in New York on Tuesday. “The reaction—we knew what it was going to be. I need to sit here and think about what gives us the ability to be effective going forward in men’s basketball, and more importantly, what protects the university.”

Rice was 44-51 (16-38 Big East) in three seasons at Rutgers. The Scarlet Knights were 15-16 this season and 5-13 in the Big East. Prior to coming to Rutgers, Rice spent three seasons at Robert Morris, where he compiled a 73-31 record and took the team to the NCAA Tournament his final two seasons.